$43,000
●
Condo -
Off Market
2-9 Mcdewell Avenue #29
Danvers, MA 01923
1 Bed
1 Bath
524 Ft²
$209,820
RealtyHop Estimate
337.12%
Since Jul 1, 1996
MA-Boston
Primary Model
About This Property
HARBORFRONT ON THE DANVERS RIVER WITH TOWN LANDING NEARBY; CONDO
FEE INCLUDES HEAT AND HOT WATER; INGROUND POOL; WALK TO SANDY BEACH
OR TOWN; FIRST FLOOR UNIT
Unit Size
524 Ft²
Days on Market
-
Land Size
-
Price per sqft
$92
Property Type
Condo
Property Taxes
$50
HOA Dues
$149
Year Built
1967
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #30096886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 1996 | Sold | ||
| Sold | |||
| Apr 1, 1996 | Listed by Leading Edge Real Estate | $48,000 | |
| Listed by Leading Edge Real Estate | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 12
Length: 8
Area: 96
Length: 10
Level: First
Area: 140
Features: Flooring - Wall to Wall Carpet
Width: 14
Features: Flooring - Wall to Wall Carpet
Level: First
Length: 10
Width: 14
Area: 140
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Oven, Disposal, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Vinyl, Carpet
Laundry Features: In Basement
Rooms: 3
Basement: Y
Parking Details
Parking Features: Deeded, Assigned
Exterior Details
Has Property Attached
Entry Level: 1
Security Features: Intercom, Security System
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Harbor View
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R
Parcel Number: 1882322
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 59
Tax Assessed Value: $39,800
Tax Annual Amount: $597
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $149
Community Features: Pool, Park, Laundromat
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2026
|
2 Bed
|
1 Bath
|
673 ft²
|
$329,900
2 Bed
1 Bath
673 ft²
|
$345,000
+4.58%
07/02/2026
|
Adeline Matton
Accurety, LLC
| |
|
09/03/2025
|
1 Bed
|
1 Bath
|
524 ft²
|
$299,500
1 Bed
1 Bath
524 ft²
|
$300,000
+0.17%
10/17/2025
|
Michelle Kuppens
Coldwell Banker Realty - Beverly
| |
|
06/11/2025
|
2 Bed
|
1 Bath
|
673 ft²
|
$329,999
2 Bed
1 Bath
673 ft²
|
$340,000
+3.03%
08/25/2025
|
Chloe Brown
RE/MAX 360
| |
|
04/29/2025
|
2 Bed
|
1 Bath
|
673 ft²
|
$329,900
2 Bed
1 Bath
673 ft²
|
$320,000
-3.00%
06/17/2025
|
Bernard Starr
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
02/11/2025
|
1 Bed
|
1 Bath
|
540 ft²
|
$299,000
1 Bed
1 Bath
540 ft²
|
$320,000
+7.02%
03/20/2025
|
Ellen Crawford
William Raveis R.E. & Home Services
| |
|
01/02/2024
|
1 Bed
|
1 Bath
|
540 ft²
|
$287,000
1 Bed
1 Bath
540 ft²
|
$295,000
+2.79%
02/08/2024
|
John Swain
Coldwell Banker Realty - Beverly
| |
|
08/10/2023
|
1 Bed
|
1 Bath
|
540 ft²
|
$279,900
1 Bed
1 Bath
540 ft²
|
$285,000
+1.82%
09/19/2023
|
Stephanie McCarthy
Keller Williams Realty Evolution
| |
|
08/09/2022
|
2 Bed
|
1 Bath
|
673 ft²
|
$295,000
2 Bed
1 Bath
673 ft²
|
$315,000
+6.78%
09/30/2022
|
Daniel Bennett
Dan Bennett Real Estate
| |
|
07/19/2021
|
2 Bed
|
1 Bath
|
673 ft²
|
$240,000
2 Bed
1 Bath
673 ft²
|
$260,000
+8.33%
08/26/2021
|
Jeffrey Carter
Keller Williams Realty
| |
|
01/26/2021
|
2 Bed
|
1 Bath
|
673 ft²
|
$249,900
2 Bed
1 Bath
673 ft²
|
$267,000
+6.84%
03/23/2021
|
Druann Jedrey
Leading Edge Real Estate
| |
|
09/27/2019
|
1 Bed
|
1 Bath
|
540 ft²
|
$225,000
1 Bed
1 Bath
540 ft²
|
$223,000
-0.89%
11/15/2019
|
Linda Surette
Carpenito Real Estate, Inc.
| |
|
07/06/2017
|
2 Bed
|
1 Bath
|
673 ft²
|
$175,000
2 Bed
1 Bath
673 ft²
|
$205,000
+17.14%
08/24/2017
|
Denise Reilly
Premier Realty Group, Inc.
| |
|
01/30/2017
|
1 Bed
|
1 Bath
|
540 ft²
|
$149,900
1 Bed
1 Bath
540 ft²
|
$152,000
+1.40%
02/24/2017
|
Leonette Strout
Keller Williams Realty Evolution
| |
|
03/10/2016
|
1 Bed
|
1 Bath
|
524 ft²
|
$139,900
1 Bed
1 Bath
524 ft²
|
$145,000
+3.65%
05/02/2016
|
Michelle Kuppens
Coldwell Banker Realty - Beverly
| |
|
05/19/2014
|
2 Bed
|
1 Bath
|
673 ft²
|
$159,900
2 Bed
1 Bath
673 ft²
|
$150,000
-6.19%
06/24/2014
|
Rochelle Hale
Keller Williams Realty Evolution
| |
|
03/05/2013
|
2 Bed
|
1 Bath
|
673 ft²
|
$135,000
2 Bed
1 Bath
673 ft²
|
$140,000
+3.70%
05/01/2013
|
Pam Spiros
Coldwell Banker Realty - Beverly
| |
|
07/17/2012
|
1 Bed
|
1 Bath
|
524 ft²
|
$99,000
1 Bed
1 Bath
524 ft²
|
$105,000
+6.06%
12/21/2012
|
Kathleen Sullivan
Sullivan Realty Group
| |
|
03/22/2012
|
2 Bed
|
1 Bath
|
673 ft²
|
$125,000
2 Bed
1 Bath
673 ft²
|
$125,000
08/23/2012
|
Natalie Luca Fiore
Keller Williams Realty Evolution
| |
|
02/22/2009
|
2 Bed
|
1 Bath
|
673 ft²
|
$189,900
2 Bed
1 Bath
673 ft²
|
$179,500
-5.48%
06/29/2009
|
Susan Keenan
RE/MAX 360
| |
|
09/17/2007
|
2 Bed
|
1 Bath
|
673 ft²
|
$169,900
2 Bed
1 Bath
673 ft²
|
$162,000
-4.65%
06/26/2008
|
Dorothy Felch
Century 21 N. Shore
| |
|
10/14/2005
|
1 Bed
|
1 Bath
|
540 ft²
|
$172,000
1 Bed
1 Bath
540 ft²
|
$169,000
-1.74%
03/31/2006
|
Donna Runcie
Dooley and Mason Realty Group
| |
|
04/07/2005
|
2 Bed
|
1 Bath
|
673 ft²
|
$197,900
2 Bed
1 Bath
673 ft²
|
$195,000
-1.47%
08/10/2005
|
Joan Skomurski
Souhleris Realty
| |
|
08/03/2004
|
Studio
|
1 Bath
|
280 ft²
|
$99,000
Studio
1 Bath
280 ft²
|
$82,500
-16.67%
09/16/2004
|
Karren Shaughnessy
J. Mulkerin Realty
| |
|
06/17/2004
|
2 Bed
|
1 Bath
|
673 ft²
|
$192,000
2 Bed
1 Bath
673 ft²
|
$189,000
-1.56%
08/16/2004
|
Roberta Riddle
Century 21 North East
| |
|
10/02/2002
|
2 Bed
|
1 Bath
|
673 ft²
|
$170,000
2 Bed
1 Bath
673 ft²
|
$169,000
-0.59%
11/15/2002
|
Cindy Matheson
Century 21 North Shore
| |
|
10/17/2000
|
2 Bed
|
1 Bath
|
673 ft²
|
$129,000
2 Bed
1 Bath
673 ft²
|
$129,000
11/27/2000
|
Patricia Watson
Century 21 North East
| |
|
05/21/1999
|
1 Bed
|
1 Bath
|
-
|
$49,900
1 Bed
1 Bath
|
$49,900
09/01/1999
|
Barbara Cook
LAER Realty Partners
| |
|
04/27/1999
|
1 Bed
|
1 Bath
|
524 ft²
|
$79,900
1 Bed
1 Bath
524 ft²
|
$79,000
-1.13%
05/28/1999
|
Rochelle Hale
Keller Williams Realty Evolution
| |
|
11/09/1997
|
2 Bed
|
1 Bath
|
673 ft²
|
$73,900
2 Bed
1 Bath
673 ft²
|
$67,000
-9.34%
12/30/1997
|
Cookie Melanson
Century 21 North East
| |
|
05/06/1997
|
2 Bed
|
1 Bath
|
673 ft²
|
$74,500
2 Bed
1 Bath
673 ft²
|
$74,500
07/18/1997
|
Toni Butler
Century 21 North East
| |
|
04/01/1996
|
1 Bed
|
1 Bath
|
524 ft²
|
$48,000
1 Bed
1 Bath
524 ft²
|
$43,000
-10.42%
06/07/1996
|
Mark Nelson
Leading Edge Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017